Sky-high airfares have peaked, budget airline tycoon says
Airline ticket prices have peaked, at least in the market where budget carrier AirAsia operates, according to its founder Tony Fernandes.
Green Buffers wins Swedish steel prize 2023
The winner of the international Swedish Steel Prize 2023 is Green Buffers from Sweden. The prize is awarded for their highly sophisticated use of energy-absorbing…
UK expects new Brexit deal on car factory rules ‘soon’
The UK and the European Union will “soon” announce a solution on post-Brexit trading rules that carmakers warn could lead to factory closures, Business and…
Qantas forecast for seat shortage suggests no end to high fares
Qantas Airways Ltd. said air-travel demand will outstrip available seats for the foreseeable future, a forecast that suggests passengers will have little respite from soaring…
AMLO’s seizure of a billionaire’s rail line is making investors wary of Mexico
The president appears intent on forcing them to do business on his terms
Cathay Pacific suspends crew after discrimination complaint
Cathay Pacific Airways Ltd. suspended some cabin crew who worked on a recent flight as accusations of discrimination against non-English speaking passengers mounted on Chinese…
Russia Prime Minister starts China trip to deepen trade ties
Russian Prime Minister Mikhail Mishustin has kicked off a two-day visit to China, as Moscow seeks to deepen trade ties with Beijing amid growing international…
U.S. Department of Energy announces nearly $60 million to advance clean hydrogen technologies and improve the electric power grid
The U.S. Department of Energy (DOE) today announced nearly $42 million in funding for 22 projects in 14 states to advance critical technologies for producing,…
North Carolina Ports moves up three spots to #1 in North America for Container Terminal Efficiency
North Carolina Ports’ container terminal at the Port of Wilmington moved up three spots in the latest Container Port Performance Index (CPPI), ranking it as…
LATAM Cargo, Kuehne+Nagel and Elite Flower invest in sustainable aviation fuel (SAF) on Mother’s Day
• The companies purchased more than 25,000 liters of sustainable aviation fuel (SAF). This is equivalent to reducing the total emissions generated by a freighter…
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